香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 榮啟為一家於香港註冊成立的投資控股有限公司。本公司為榮啟7,000股股份（相 當於榮啟全部已發行股本的70%）的法律及實益擁有人。榮啟3,000股股份（相當 於榮啟全部已發行股本的30%）由趙欽凌先生（「趙先生」）法律及實益擁有。趙 先生為一名商人及中國的個人投資者，據董事經作出一切合理查詢後所深知、 盡悉及確信，趙先生為獨立第三方，且與本公司或其任何關連人士（定義見香 港聯合交易所有限公司證券上市規則）並無關連。 – 1 – (a) 在儲能系統供應的工程設計、採購及施工方面開展合作，重點建立專注於 為全球新能源應用提供先進解決方案的全面網絡；及 (b) 在全球市場與戰略業務夥伴探討儲能系統集成及解決方案平台的合作機遇。 Wing Lee Development Construction Holdings Limited 榮利營造控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9639） 自 ...

Core Viewpoint - Rongli Construction (09639) has seen a stock price increase of over 5%, attributed to its successful acquisition of contracts in the renewable energy sector, indicating strong growth potential in this area [1] Group 1: Financial Performance - As of the latest report, Rongli Construction's stock rose by 5.08%, reaching HKD 1.24, with a trading volume of HKD 4.3945 million [1] - The company announced that its wholly-owned subsidiary, Rongli New Energy Co., Ltd., secured engineering contracts at the Tuen Mun Blue Land Stone Quarry, along with multiple sales agreements for renewable energy equipment, totaling over HKD 150 million [1] Group 2: Business Development - Industry experts anticipate that the company's order backlog is accelerating, leading to stable and continuous revenue growth in its renewable energy business for the second half of the year, which is expected to be a core driver of Rongli Construction's performance [1] - In recent years, Rongli Construction has actively expanded its renewable energy operations, including solar photovoltaic projects, distribution of various electric commercial vehicles and machinery, and construction of charging stations along with subsequent maintenance and energy recovery services [1] - In May, Rongli Construction, in collaboration with leading companies such as SANY Group and CATL, established the Hong Kong Zero Carbon Smart Alliance, aiming to create a comprehensive solution encompassing "light, storage, charging, swapping, recycling" [1]

Core Viewpoint - Rongli Construction (09639) has seen a stock price increase of over 5%, attributed to successful contracts in the renewable energy sector, indicating strong growth potential in this area [1] Group 1: Company Developments - In October, Rongli Construction announced that its wholly-owned subsidiary, Rongli New Energy Co., Ltd., successfully secured a project at the Tuen Mun Blue Land Stone Quarry mixing station, along with multiple contracts for renewable energy equipment sales totaling over HKD 150 million [1] - The company is actively expanding its renewable energy business, engaging in solar photovoltaic projects, distributing various electric commercial vehicles and electric engineering machinery, and constructing charging stations along with maintenance services [1] Group 2: Industry Outlook - Industry insiders expect that due to the accelerating growth of order reserves, the company's revenue from renewable energy-related businesses will achieve stable and continuous growth in the second half of the year, becoming a core driver of Rongli Construction's performance [1] - In May, Rongli Construction, in collaboration with leading companies such as SANY Group and CATL, initiated the establishment of the Hong Kong Zero Carbon Smart Alliance, aiming to create a comprehensive solution encompassing "light, storage, charging, swapping, recycling" [1]

Core Viewpoint - The meeting held in Shangqiu from November 5 to 6, 2023, focused on high-quality development in the interprovincial border areas of Jiangsu, Anhui, Shandong, and Henan, emphasizing regional cooperation and multi-field collaborative development [1] Infrastructure Development - The ten cities in the Su-Wan-Lu-Pu interprovincial border area are prioritizing the construction of a modern comprehensive transportation system, including railways, highways, ports, and multi-modal transport [2] - Significant progress has been made in railway network construction, with major projects like the Day-Lan High-Speed Railway completed and others such as the Xuzhou-Heze Railway and Huai-Su-Beng Railway under development [2] - Major breakthroughs in highway network construction include the completion of several expressways and ongoing projects aimed at resolving interprovincial "broken road" issues, enhancing cross-province commuting efficiency [3] Water and Air Transport - New advancements in water and air transport infrastructure include the near completion of a 300,000-ton crude oil terminal in Lianyungang and the expansion of various airports, indicating a significant upgrade in aviation capacity in the Huaihai Economic Zone [4] Multi-Modal Transport System - The development of a multi-modal transport system is being accelerated, with initiatives like the opening of the "Huai Bei-Xuzhou-Qingdao" freight train and the establishment of a national comprehensive freight hub [5] Industrial Development - The interprovincial border area is positioned as a key region for national strategies, with a population of 65 million and a GDP of 4.6 trillion yuan, showcasing its potential for industrial cluster development [6][7] - Various cities are fostering industry clusters, such as the lithium battery industry in Zaozhuang and advanced manufacturing in Shangqiu, supported by significant investments and the establishment of industrial funds [7][8] Technological Innovation - The construction of a technology innovation community is underway, with initiatives to establish technology transfer centers and promote regional technology exchange [9] Park Development - Substantial progress has been made in the establishment of industrial cooperation parks, with the Xu-Huai Industrial Cooperation Park becoming operational and attracting numerous enterprises from the Yangtze River Delta [10] Governance and Market Environment - Efforts to enhance regional governance include the establishment of a digital collaboration alliance and improved market regulation mechanisms, aiming to create a fair competitive environment [11][12]

Core Viewpoint - The electricization of the construction machinery industry in China is accelerating, driven by major projects and market demand, leading to significant growth in lithium battery demand for electric construction machinery [4][11][18]. Group 1: Market Overview - The construction machinery industry in China has maintained stable development, with a total sales of 968,900 units in the first half of 2025, a year-on-year increase of 4.58% [7]. - The electricization rate of major construction machinery products is increasing significantly, with electric loaders seeing a sales increase of 172.8% year-on-year, reaching a penetration rate of 21.5% [7][11]. - GGII predicts that by 2030, the overall electricization penetration rate of the construction machinery industry in China will exceed 50% [8]. Group 2: Lithium Battery Demand - The demand for lithium batteries in construction machinery is expected to grow rapidly, with a shipment volume of over 11 GWh in the first half of 2025, representing a year-on-year growth of over 60% [11]. - The electric loader segment is the fastest-growing, with a year-on-year growth rate exceeding 170% [11]. - GGII estimates that by 2030, the shipment volume of lithium batteries for construction machinery in China will reach over 100 GWh, with a compound annual growth rate exceeding 36% from 2025 to 2030 [11]. Group 3: Major Projects and Opportunities - The launch of the Yarlung Zangbo River downstream hydropower project is expected to generate a demand for construction machinery equipment worth 1200-1800 billion yuan, with lithium batteries accounting for approximately 480-720 billion yuan of this cost [4]. - The project is anticipated to drive the electricization of construction machinery, benefiting leading battery manufacturers such as CATL and Eve Energy [4][11]. Group 4: Competitive Landscape - Leading lithium battery companies, including CATL and Eve Energy, are actively engaging in the electric construction machinery market, with CATL holding a market share exceeding 55% in this sector [14][15]. - Eve Energy has launched specific products for the construction machinery market, addressing key industry pain points such as battery size and lifespan [15][16]. - Other companies like BYD and Guoxuan High-Tech are also developing diverse technological routes to capture market share in the electric construction machinery segment [16].

Group 1 - Boreton (01333) shares increased by over 8%, reaching a price of 29.88 HKD with a trading volume of 16.298 million HKD [1] - The company announced that on August 8, 2025, it learned that the China Securities Regulatory Commission (CSRC) accepted its application for H-share full circulation, submitted by several shareholders [1] - Upon obtaining all necessary approvals, including those from the CSRC and the Stock Exchange, certain non-listed shares will be converted into H-shares and listed for trading on the main board of the Stock Exchange [1] Group 2 - The Hang Seng Index Company will release its mid-year review results on August 22, with changes effective from September 8 [1] - As per Huatai Securities, Boreton and other stocks may be included in the Hong Kong Stock Connect scope in September [1] - Boreton is a provider of electric engineering machinery, ranking third and seventh in 2024 among all new energy wide-body dump truck and loader manufacturers, with market shares of 18.3% and 3.8% respectively [1]

Group 1 - The core point of the article is that Boleton (01333) has seen a significant stock price increase of over 8%, currently trading at 29.88 HKD with a transaction volume of 16.298 million HKD [1] - Boleton has submitted a filing to the China Securities Regulatory Commission (CSRC) regarding the implementation of full circulation of H-shares, which will convert non-listed shares into H-shares upon receiving all necessary approvals [1] - The company is recognized as a leading provider of electric engineering machinery, ranking third and seventh in market share for all new energy wide-body dump trucks and loaders, with respective market shares of 18.3% and 3.8% [1] Group 2 - The Hang Seng Index Company is set to release its mid-year review results on August 22, with changes effective from September 8, which may include Boleton in the Hong Kong Stock Connect investment scope [1] - Boleton is noted as the only pure new energy engineering machinery manufacturer among the top manufacturers in the new energy sector [1]

Group 1: Market Performance - The A-share market continued to rise, with the Shanghai Composite Index recording five consecutive days of gains, closing at 3581.86 points, up 0.62% [2] - The total trading volume in the Shanghai and Shenzhen markets reached 1.893 trillion yuan, an increase of 193 billion yuan compared to the previous trading day, marking the highest level since March 7 [2] - Over 2500 stocks in the market rose, with significant gains in sectors such as steel, machinery, and cement [2] Group 2: Infrastructure Development - The launch of the Yarlung Tsangpo River downstream hydropower project has boosted the infrastructure sector, with multiple stocks in the sector experiencing consecutive gains [3] - China Power Construction announced new contract amounts totaling 686.699 billion yuan for the first half of 2025, a year-on-year increase of 5.83%, with energy and power business contracts increasing by 12.27% [3] - The Yarlung Tsangpo River project is expected to significantly benefit companies involved in water conservancy, hydropower construction, tunneling, and related equipment [4] Group 3: Solid-State Battery Sector - The solid-state battery sector showed active trading, with companies like Xianhui Technology reaching a 20% limit-up [5] - Several companies reported advancements in solid-state battery production, with Fueneng Technology planning to establish a pilot line with a capacity of 0.2 GWh by the end of the year [5] - The solid-state battery industry is expected to accelerate its commercialization, particularly in high-demand sectors such as robotics and low-altitude applications [5] Group 4: Market Outlook - The A-share market is expected to maintain a strong upward trend, with the Shanghai Composite Index attracting more external funds [6] - Recent changes in the funding landscape indicate a potential shift towards more favorable conditions for RMB assets, with an increase in individual investors in the A-share market [6] - The current market environment is characterized by a healthy rotation among sectors, suggesting continued positive momentum [6]

Group 1 - The core project "Yaxi Project" has commenced, significantly impacting related concept stocks, with Yinlong Co., Ltd. experiencing a surge in stock price and market capitalization [1] - Yinlong Co., Ltd. anticipates increased demand for prestressed materials and concrete components due to the Yaxi Project, which is a national-level major project [1] - The company has established a professional team to closely follow the project's progress and actively seek participation opportunities, which could positively support its performance if it secures relevant orders [1] Group 2 - Yinlong Co., Ltd. expects a net profit of 161 million to 181 million yuan for the first half of 2025, representing a year-on-year growth of 60% to 80% [2] - The significant profit increase is attributed to the optimization of the prestressed materials business and the rising proportion of high-value-added products [2] - Expansion in the renewable energy sector is also contributing to the company's profit support [2] Group 3 - The Yaxi Project, with a total investment of approximately 1.2 trillion yuan, is expected to stimulate infrastructure development in the western region and promote clean energy construction [3] - Various companies, including Dayu Water Saving and LiuGong, are actively seeking opportunities related to the Yaxi Project, highlighting its strategic importance [3][4] - Companies are forming project teams to engage with the Yaxi Project across multiple aspects, including equipment and solutions [3][4]

Core Viewpoint - Rongli Construction is actively positioning itself in the renewable energy sector in Hong Kong by forming strategic alliances and launching initiatives aimed at achieving zero carbon emissions and promoting smart city development [1][2][3]. Group 1: Company Initiatives - Rongli Construction has been expanding its renewable energy business since 2018, focusing on solar photovoltaic systems and electric construction machinery [3]. - The company has installed photovoltaic systems for over 400 schools and NGOs, demonstrating its commitment to sustainable development [3]. - The establishment of the Zero Carbon Smart Alliance signifies Rongli's ambition to lead in green construction and contribute to societal responsibilities [3][5]. Group 2: Strategic Partnerships - The collaboration with SANY Group and CATL (Contemporary Amperex Technology Co., Limited) enhances Rongli's capabilities in the renewable energy sector [2][12]. - SANY Group's electric vehicles are supported by Rongli's local resources, which will facilitate the establishment of charging infrastructure in Hong Kong [12]. - The partnership with CATL aims to create a battery recycling network, aligning with Hong Kong's climate action goals [9][14]. Group 3: Market Opportunities - The Hong Kong government has set ambitious targets for zero emissions by 2050, creating a favorable environment for companies like Rongli to capitalize on the growing demand for renewable energy solutions [4]. - The market for electric vehicles and charging infrastructure in Hong Kong presents significant growth potential, with plans to build over 20 smart battery swap stations by 2027 [7]. - The introduction of advanced technologies such as energy storage and rapid charging systems will enhance the efficiency of renewable energy usage in Hong Kong [7][9]. Group 4: Long-term Vision - Rongli Construction aims to increase the share of renewable energy generation in Hong Kong to 7% by 2030 through innovative solar solutions [6]. - The company envisions expanding its renewable energy initiatives beyond Hong Kong, leveraging its experience to enter global markets [14].